Business Rebates

To save money and make your business more energy efficient, take advantage of rebate programs, business incentives and free services designed to lower your operating costs and utility bills from Tacoma Power and Tacoma Water.

If you have questions about the programs listed below, please contact us at 253-502-8619 or We are here to help.

Read about the Washington Clean Buildings Law here.

See our Commercial Rebate Guide

Review our BCEP Process and Requirements for Custom Projects

Find a Commercial Contractor

See our complete list of commercial and industrial rebates below. Plus information on zero-interest loans to help make energy-efficient upgrades more affordable for your business.

HVAC Forms & Information

Upgrading to energy-efficient heating and cooling equipment can reduce your company’s electric bill by up to 40%. Plus, you may be eligible for rebates when you install new equipment, which saves you even more money. To learn more, see our Save with HVAC page.

Heating, ventilation, and air conditioning (HVAC) – Efficient heating and cooling equipment can help you use up to 40% less energy.

  • $150 to $300/ton for heat pump upgrades
  • $1,000/ton for heat pump retrofits

Packaged Terminal Heat Pump – Save money when you upgrade to efficient HVAC equipment.

  • $100/Unit

Connected Thermostat – Save money and energy by better controlling your heating and cooling systems.

  • $150 per unit for electric connected thermostat
  • $50 per unit for connected thermostat with air conditioning

For HVAC equipment rebates, complete the online form here.

Lighting Forms & Information

To learn how to lower your utility bills and reduce your maintenance and operations costs with rebates and energy-efficiency upgrades, see our Save with Lighting page.

Bright Rebates – Updating lighting is one of the most cost-effective ways to save energy and money. Learn more.

  • Up to 60% of project cost
Custom Project Forms & Information

Existing commercial, industrial and governmental buildings may qualify for rebates to reduce the costs of a wide variety of major energy-efficiency upgrades. Eligible projects cover HVAC, insulation, drive power, refrigeration and many other industrial processes. To learn more about our rebates and other ways to reduce your electric bills, see our Custom Projects page.

Custom Retrofit – Updating to new, energy-efficient equipment of various types can save you money.

  • Up to 70% of project cost

Compressed Air – A compressed air system can represent up to 20% of your total electric use.

  • Up to 70% of project cost
New Construction Forms & Information

If your company is planning to build a new commercial or industrial facility, our rebates and other programs can help lower your upfront costs while reducing your utility bills in the long term. To learn more, see our Save with New Construction page.

Save with Tax Credits

By law, business owners can deduct the cost of some energy-efficient equipment and systems installed in commercial buildings. Further deductions are available for “whole-building” energy-efficiency projects. Qualifying building types and items include:

  • New buildings that do not rely on renewable energy
  • Multifamily residential buildings with more than three stories above ground
  • New portions of buildings and their systems
  • New systems and equipment in existing buildings

Renewable Energy Credits and Grants

Businesses that install renewable-energy systems may be eligible to earn tax credits through the American Recovery and Reinvestment Act of 2009 (ARRA). Learn more about ARRA tax incentives from the Internal Revenue Service.

Additional Tax Credit Resources

Walk-Through Energy Assessment

A Walk-Through Energy Assessment is a free service that helps you better understand how your business or facility consumes electricity. The walk-through is conducted by a Tacoma Power energy expert who visits your company and then provides:

  • An analysis of your electric bill to explain and clarify your total electricity use and billing history.
  • A written response with recommendations for reducing electricity use and lowering your utility bill.
  • Cost estimates for any energy-saving upgrades, equipment or other recommended improvements.

To request your free Walk-Through Energy Assessment, contact us at (253) 502-8619 or

Incentives for Investment Property Owners and Managers

If you own or manage residential rental properties, we have programs to help you reduce your operating costs, boost profits, improve energy efficiency, and save your tenants some money on their utility bills. We offer loans, grants, rebates, contractor discounts, and more to help you pay for energy efficient upgrades to your properties. Learn more here.

Commercial Water Incentives

Industrial businesses can receive valuable incentives for making upgrades that will save water and money. Learn more here.

Smart Irrigation Rebate

Using a weather-based irrigation controller can reduce water waste and lower your utility bill. To learn more about available rebates that can save you money, visit our Smart Irrigation Business Rebate page.

Additional Resources

Download our Commercial Incentives Brochure

Download our Commercial Rebate Guide

How to apply for equipment rebates and incentives

For equipment rebates, complete the online form here, including project information and required documents. Documentation varies by the equipment being installed; see the required documents checklist for more information.

For lighting, custom projects, and new construction, complete the indicated bid forms online and email them to